Vault Guardian renewal education
LLC annual compliance: the documents due every year
LLCs aren't 'file and forget.' Every state requires ongoing filings, and some are strict enough to dissolve your LLC within a year of non-compliance.
LLCs aren't 'file and forget.' Every state requires ongoing filings, and some are strict enough to dissolve your LLC within a year of non-compliance.
Annual or biennial reports
Most states require an annual (or biennial) report confirming address, registered agent, and members. Fees range from $0 (Arizona) to $800 (California minimum franchise tax).
Miss the deadline and states charge late fees, then move to administrative dissolution — usually after 60–90 days delinquent.
Federal tax filings
Single-member LLC: reported on your personal Schedule C (Form 1040).
Multi-member LLC: files Form 1065 (partnership return) and issues K-1s to each member.
LLC taxed as S-Corp: files Form 1120-S and issues W-2s to owner-employees.
BOI (Beneficial Ownership) reporting
Under FinCEN's Corporate Transparency Act, most LLCs must report beneficial owners. Rules have shifted repeatedly in 2024–2025 — check current guidance at fincen.gov.
Penalties for willful failure are steep: up to $591/day (adjusted for inflation) and criminal liability.
State-specific extras
California: $800 minimum franchise tax + Form 568. Delaware: $300 annual tax. Texas: Franchise Tax Report + Public Information Report.
Check your state's Secretary of State site every year — rules and deadlines shift.
The most reliable way to stay compliant: track every filing date and confirmation in one place. VaultGuardian's expiration reminders work for annual reports the same way they work for passports.
Download Vault Guardian to track renewals at 90, 60, and 30 days.